Mastercard, American Express, Visa among losers; DigitalBridge in top performers: week's financials wrap
Major equity indices fell in the first week of the year, with the S&P 500 down 1.03%, NASDAQ down 1.52%, and Dow down 0.67%. Payment processors Mastercard, American Express, and Visa were among the biggest losers. DigitalBridge was the top performer, rising 12.92% after SoftBank agreed to acquire it for ~$4.0B. Analysts suggest profit-taking and recession fears influenced market movements.
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